Beverly Hills Office Space

Beverly Hills

Market Report

Number of Listings
Posted in the last 90 days
114
Median Rate ($/sqft/yr)
$101
Median Size (sqft)
2,040

Beverly Hills Rates

On average, listings lease in the $100's per square foot per year. The Beverly Hills submarket is going through a a rise in rates. In the last 3 months, the median rate increased $29 per sqft per year. That's a 41% increase in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Beverly Hills region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Beverly Hills Listing Supply

In the last 90 days, 602 listings have come on the market, so you'll want to check back regularly for new listings. About 16% of the office spaces in the Beverly Hills are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,040 sqft. Most properties in this market are close to 4 stories. Most buildings in this market were built in 1964 and are Class A.

Beverly Hills Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Beverly Hills occupants. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Beverly Hills.
Research